By  on May 1, 2014

Struggling youth retailer Aéropostale Inc. has triggered a cost-reduction program involving cutting 100 jobs from headquarters and closing 125 mall-based P.S. from Aéropostale kids stores.

Through the cuts, the company estimates pretax savings of $30 million to $35 million, with about $5 million to $10 million expected to be achieved in fiscal 2014.

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